Veris Residential, Inc. (FRA:WY4)
Germany · Delayed Price · Currency is EUR 12.40
+0.10 (0.81%)
Last updated: Jan 28, 2026, 5:00 PM CET
Veris Residential Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Rental Revenue | 260.84 | 245.69 | 235.12 | 188.18 | 162.08 | 266.88 |
Property Management Fees | 2.76 | 3.34 | 3.87 | 3.58 | - | - |
Other Revenue | 27.75 | 26.6 | 25.03 | 22.95 | 28.45 | 36.9 |
| 291.35 | 275.63 | 264.02 | 214.71 | 190.53 | 303.79 | |
Revenue Growth (YoY | 6.39% | 4.40% | 22.96% | 12.69% | -37.28% | -14.64% |
Property Expenses | 115.05 | 111.06 | 107.34 | 98.76 | 95.44 | 139.84 |
Selling, General & Administrative | 38.23 | 39.06 | 44.44 | 55.92 | 56.98 | 60.96 |
Depreciation & Amortization | 85.98 | 82.77 | 86.24 | 77.9 | 68.51 | 120.46 |
Total Operating Expenses | 239.26 | 232.89 | 238.02 | 232.58 | 220.93 | 321.25 |
Operating Income | 52.09 | 42.73 | 25.99 | -17.88 | -30.39 | -17.47 |
Interest Expense | -93.1 | -87.98 | -139.14 | -66.38 | -47.51 | -80.99 |
Interest & Investment Income | 0.38 | 2.37 | 5.52 | 0.73 | 0.52 | 0.04 |
Other Non-Operating Income | -3.68 | -2.27 | -7.63 | -3.47 | -12.21 | -2.58 |
EBT Excluding Unusual Items | -44.31 | -45.14 | -115.26 | -87 | -89.58 | -101 |
Impairment of Goodwill | - | - | - | - | -2.9 | - |
Gain (Loss) on Sale of Investments | 4.55 | 6.33 | -0.62 | -0.15 | -2.02 | 35.04 |
Gain (Loss) on Sale of Assets | 119.45 | 11.52 | 7.07 | 57.26 | 5.14 | 8.44 |
Total Insurance Settlements | - | - | 2.87 | - | - | - |
Asset Writedown | -15.67 | -2.62 | -9.32 | -9.37 | -20.82 | -53.4 |
Other Unusual Items | -3.21 | -0.78 | -5.61 | -0.13 | -47.08 | -10.37 |
Pretax Income | 60.81 | -30.7 | -120.87 | -39.38 | -157.27 | -121.28 |
Income Tax Expense | 0.17 | 0.28 | 0.49 | - | - | - |
Earnings From Continuing Operations | 60.64 | -30.97 | -121.36 | -39.38 | -157.27 | -121.28 |
Earnings From Discontinued Operations | 4.37 | 3.94 | 8.22 | 4.09 | 43.39 | 79.25 |
Net Income to Company | 65.01 | -27.04 | -113.14 | -35.3 | -113.87 | -42.03 |
Minority Interest in Earnings | -2.02 | 3.92 | 5.88 | -16.77 | -5.17 | -9.36 |
Net Income | 63 | -23.12 | -107.27 | -52.07 | -119.04 | -51.39 |
Preferred Dividends & Other Adjustments | - | - | 4.52 | 5.48 | 7.29 | 11.81 |
Net Income to Common | 63 | -23.12 | -111.78 | -57.54 | -126.33 | -63.2 |
Basic Shares Outstanding | 93 | 93 | 92 | 91 | 91 | 91 |
Diluted Shares Outstanding | 102 | 101 | 92 | 91 | 91 | 100 |
Shares Change (YoY) | 10.36% | 10.34% | 0.92% | 0.23% | -9.40% | 10.71% |
EPS (Basic) | 0.68 | -0.25 | -1.22 | -0.63 | -1.39 | -0.70 |
EPS (Diluted) | 0.68 | -0.25 | -1.22 | -0.64 | -1.39 | -0.70 |
Dividend Per Share | 0.320 | 0.263 | 0.102 | - | - | 0.400 |
Dividend Growth | 36.17% | 156.10% | - | - | - | -50.00% |
Operating Margin | 17.88% | 15.50% | 9.84% | -8.33% | -15.95% | -5.75% |
Profit Margin | 21.62% | -8.39% | -42.34% | -26.80% | -66.31% | -20.80% |
EBITDA | 138.06 | 125.48 | 112.15 | 59.99 | 38.13 | 100.28 |
EBITDA Margin | 47.38% | 45.52% | 42.48% | 27.94% | 20.01% | 33.01% |
D&A For Ebitda | 85.97 | 82.74 | 86.16 | 77.86 | 68.53 | 117.75 |
EBIT | 52.09 | 42.73 | 25.99 | -17.88 | -30.39 | -17.47 |
EBIT Margin | 17.88% | 15.50% | 9.84% | -8.33% | -15.95% | -5.75% |
Funds From Operations (FFO) | 71.3 | 59.03 | 20.83 | 89.59 | -22.75 | 68.11 |
Adjusted Funds From Operations (AFFO) | - | 59.03 | 20.83 | 89.59 | -22.75 | 68.11 |
FFO Payout Ratio | 44.81% | 40.75% | 24.60% | 0.07% | - | 88.87% |
Revenue as Reported | 285.21 | 271.07 | 260.3 | 213.36 | 194.65 | 307.48 |
Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.